Identify the financial statement(s) where each of the following items appears. Use I for income statement, E
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a. Service fees earned
b. Cash dividends
c. Office equipment
d. Accounts payable
e. Cash
f. Utilities expenses
g. Office supplies
h. Prepaid rent
i. Unearned fees
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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